Printer Friendly

Reckson's cash dividend.

Reckson Associates Realty Corp., one of the largest publicly traded owners, managers and developers of Class A office properties in the New York Tri-State area, announced that the company's board of directors has declared a quarterly cash dividend on the company's common stock of $0.4246 per share payable on October 20, 2006 to its stockholders of record as of October 5, 2006.

The dividend is based on an annualized dividend rate of $1.6984 per share.

On August 3, 2006, Reckson and SL Green Realty Corp. announced that they entered into a definitive agreement pursuant to which SL Green will acquire Reckson. The transaction is expected to close in January 2007 .
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Real Estate Weekly
Date:Sep 27, 2006
Previous Article:Mack numbers are up.
Next Article:Industry leaders talk shop.

Related Articles
Reckson contracts to buy Westchester portfolio.
Recognizing the specialists.
Reckson's numbers.
Reckson flexes its financial muscle.
Reckson reports solid numbers.
Reckson sells $330m share.
Reckson re-institutes repurchasing.
SL Green buys Reckson for $4b.
Reckson Associates 'not surprised' by dip in FFO.
Reckson says no to Carl Icahn.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters